Cohn, Also A Former SEC Examiner, Is Charged With Obstruction The criminal trial of Michael Cohn, the ex-GPB Capital Holdings chief compliance officer, has been postponed after he expressed concern that his pre-existing health conditions placed him at a higher risk of contracting the coronavirus (COVID-19). Cohn is charged by…
Elderly Investor Claims $250K in GPB Fraud Losses In yet another GPB private placement fraud case, our broker fraud attorneys at Shepherd Smith Edwards and Kantas (SSEK Law Firm) have filed a claim on behalf of an investor. This time, the respondents are Pruco Securities and Kalos Capital, which the…
GPB Capital Holdings Faces Another Securities Fraud Lawsuit Already the subject of mass fraud accusations, including allegations of a $1.8B Ponzi scam, the alternative assets firm is once again the defendant of two new lawsuits. Adding to a growing list of GPB Capital lawsuits is another class action securities fraud…
Texas-Based Broker Sold GPB Private Placements To Retiree Couple Once again, Shepherd Smith Edwards and Kantas (SSEK Law Firm) has filed an investor fraud claim against a broker-dealer after its financial advisor sold investments in GPB Capital Holding’s funds to customers. This time, the brokerage firm is International Assets Advisory…
Another Kalos Capital Broker Sold GPB Investments To Investors Once again, our GPB investment lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) have filed an investor fraud lawsuit against Kalos Capital and one of its brokers, Kristian Finfrock. In this latest broker fraud case, the Claimants are a…
Sagepoint Financial Customers Suffer Losses from GPB Private Placements and Funds If you are an investor who suffered losses after a Sagepoint Financial broker sold you GPB private placements, our securities fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) would like to talk to you. GPB Capital…
Ex-GPB Capital Partner Accusing Firm Of Running A Ponzi Scam David Rosenburg, a former GPB business partner, is once more accusing GPB Capital Holdings of committing a “massive securities fraud” when it raised over $1.5B from investors. Rosenberg is a former GPB employee and the ex-CEO of its Prime Automotive…
GPB Capital Auditor Makes Decision To Step Down Once again, investors will have to wait for the audited financials that GPB Capital Holdings keeps promising them and then delaying, as the alternative asset firm’s latest auditor has suddenly resigned. This means that for the foreseeable future, those who bought the…
SSEK Investigating Ladenburg Thalmann & Triad Advisors Over GPB Capital Investor Claims In its quarterly report to the US Securities and Exchange Commission (SEC), Ladenburg Thalmann Financial Services notes that one of its brokerage firms, Triad Advisors, is the subject of six Financial Industry Regulatory Advisory (FINRA) arbitration complaints by…
New Class Action Offers Details Into Alleged GPB Ponzi Scam This week in Austin, Texas, another proposed class securities case was filed on behalf of investors of GPB Capital Holdings and its many funds. This latest investor lawsuit directly accuses the alternative asset firm and its executives of running an…